Haverford Township Non-Uniformed Pension Plan – Delaware County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit of the Haverford Township Non-Uniformed Pension Plan in Delaware County, Pennsylvania, was conducted to assess adherence to state laws, regulations, contracts, administrative procedures, and local ordinances. The audit, guided by the Municipal Pension Plan Funding Standard and Recovery Act, evaluated relevant transactions from January 1, 2024, to December 31, 2024. Specifically, state aid deposits, employer and employee contributions, and retirement benefits were reviewed for compliance with governing documents and laws. Additionally, the January 1, 2023, actuarial valuation report’s timely submission and accuracy were verified. The audit confirmed that the township maintained effective internal controls and complied in all significant respects with mandated requirements. The findings, discussed with township officials, indicated the pension plan’s proper administration. Although financial statements audited by an independent firm were present, no opinion was expressed on them. The report also included supplementary information for trend analysis, highlighting the pension plan’s ongoing financial status. This is an automated summary. Please rely on the contents included in the released audit report.